Not sure about the down votes either, but "wiped off" is a common phrase for this exact sort of thing. A search for "wiped off accounting" hits a pretty large

Not sure about the down votes either, but "wiped off" is a common phrase for this exact sort of thing. A search for "wiped off accounting" hits a pretty large number of pages, including : https://www.macmillandictionary.com/us/dictionary/american/wipe-off https://www.macmillandictionary.com/us/dictionary/american/w... "to reduce the value of something by a large amount" The dictionary URL implies that it may be US English, but searching for "wiped off accounting uk" shows it is common even in the Queen's English.